Carbon Pulse

EnKing International is looking to strengthen its sales division for GHG mitigation projects advisory and training services.

A daily summary of our news plus bite-sized updates from around the world.

A summary of legislative action on carbon pricing and clean energy bills at the US state level taken this week, including Colorado legislation to implement formal GHG targets, a court case on Washington state’s blocked Clean Air Rule, and a California bill to pursue aggregated offset project methodologies in the state’s carbon market.

EUAs dropped to a fresh three-week low on Friday as carbon continued to be dragged down by tumbling gas prices and Brexit uncertainties.

Italian utility Enel remained substantially behind on its hedging rates by year-end, it said in financial results late Thursday, potentially giving a bullish signal for carbon.

California's Air Resources Board (ARB) is seeking an Air Pollution Specialist with experience in, or knowledge of, greenhouse gas (GHG) emissions monitoring, reporting, and verification, or GHG lifecycle assessment or GHG inventory development.

The successful candidate will contribute to environmental policies or programs as part of Environmental and Climate Change Canada. Task performed may include – but are not limited to - policy analysis, research, preparation of briefing material and reports, engagement with stakeholders, response to recommendations, and performance measurement and program improvement.

EU carbon prices could spike to €40 or higher over the next two years as industrial companies are increasingly likely to hoard units, leaving others scrambling, analysts said this week.

The UK government is to further extend the country’s 2018 EU ETS compliance deadline, giving emitters a bit more time to buy and surrender required carbon units, as the scheduled Brexit date was also pushed back amid negotiations nearing climax.

Swiss lawmakers have given final approval to the country’s carbon market link with the EU ETS, paving the way for the connection to start next January.

New Hampshire’s House of Representatives approved a RGGI bill Thursday that would increase funding to energy efficiency projects and removes a clause that would force the state out of the northeast US ETS.

Closing prices, ranges and volumes for China's regional pilot carbon markets this week.

Power companies covered by South Korea’s emissions trading scheme likely emitted some 2.5 million tonnes CO2 more in 2018 than previously estimated, sparking additional KAU demand in the run-in to the June 30 compliance deadline, analysts said Friday.

Carbon credit issuance in Australia picked up this week after a slow period as the Clean Energy Regulator handed out well over half a million offsets.

A daily summary of our news plus bite-sized updates from around the world.

A Canadian carbon capture firm has completed its latest funding round that will allow it to build its first commercial scale direct air capture (DAC) facility, potentially leading to deployment of the technology that could remove greenhouse gases at a lower cost.

BP and Phillips 66 offered competing opinions Thursday on a Washington state bill to implement a WCI-modelled cap-and-trade programme by 2021, months after both companies spent millions to defeat a voter-led $15 carbon tax proposal.

EU carbon prices dropped below €21 on Thursday as gas prices resumed their downward slide and the bloc’s leaders met in an attempt to stave off the prospects of a no-deal Brexit.

RGGI allowance (RGA) prices jumped significantly this week after the March auction results surprised market participants and prompted aggressive buying, while California Carbon Allowance (CCA) prices continue their surprising increase in early 2019.

The UK government has imposed fines totalling nearly £900,000 on more than 40 entities for EU ETS non-compliance in the latest round of climate-related penalties.